The China Post
Date: February 9, 2017
By: The China Post news staff
TAIPEI, Taiwan — Uber, which has succumbed to government pressure and decided to
suspend its operations in Taiwan, is keen to negotiate with the government to find a solution that can keep its ride-sharing service running in the country, a company executive said Wednesday.
Damian Kassabgi, director of Uber public policy for Asia-Pacific, told the press that his firm was willing to subject itself to government regulations, but was also keen to hold its “bottom line.”
Kassabgi said Uber had been running in Taiwan for three years, but was suspending its services in a bid to restart negotiations with the government.
Uber, having been slapped with hefty fines from a government that deems its ride-sharing services illegal, announced last week it was suspending its operations starting Feb. 10. [FULL STORY]